Office: Leasing demand sustained in Q2, despite the COVID-19 Level 3 alert implementation.
Retail: Supermarket sales surged on the back of demand for daily essentials, with convenience and wholesale sectors also benefitting.
Industrial Office: Rental levels rose 1.0% q-o-q in Wende Section and remained stable in Xihu and Jiuzhong.
Capital Market: Local buyers dominated, with owner-occupiers claiming 75.5% of transactions. Acquisitions focused strongly on industrial assets.
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